realme’s Founder and CEO Sky Li has issued an open letter announcing the upcoming ” Leap Up” five-year anniversary press conference where realme will unveil its five-year “Leap-Forward Climbing Plan” and launch its “5th Anniversary Leap Up Product.” Li’s open letter highlights how realme has gained recognition from customers around the world, moving up 29 places in Kantar BrandZ Top 50 Chinese Global Brand Builders list. realme was founded in the fiercely competitive smartphone market and quickly established its position, fearlessly pursuing its mission to become a leap-forward smartphone brand over the last five years. After passing one milestone after…
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LG Electronics (LG) targets to become a smart life solutions company that connects and expands customers’ diverse experiences by 2030. The move will see the company record an estimated global annual revenue of upto KES 10.96 trillion even as it evolves from its current position as a top global home appliance brand. Commenting on the new developments, LG Electronics CEO William Cho outlined the bold vision built on three growth engines: pursuing new platform-based service businesses through the advancement of the business portfolio, accelerating business-to-business (B2B) and exploring new business areas such as electronics vehicle charging and digital health. The CEO identified electrification, sterilization…
Aesthetic appeal, absolute colour fidelity and an unmatched viewing and sound experience sum up the perfection that is the LG OLED TV. OLED stands for “Organic Light Emitting Diode,” and these TVs utilize organic compounds to create light when an electric current is applied. This allows for individual pixels to emit light independently, giving not only an amazing viewing experience for you but also a thumbs-up for Mother Nature. In a dazzling decade of innovation, LG OLED is marking a sensational 10 years of brilliance, now commanding a staggering 60% share of the OLED TV market. Expectedly, LG OLED has…
Indigo Air has officially commenced its direct flights between Mumbai-India and Nairobi, enhancing the air travel experience for passengers traveling between the two cities. The inaugural flight which had 173 passengers on board arrived at the Jomo Kenya International Airport (JKIA), Nairobi at 9:12 HRS today marking a significant milestone in India and Kenya relations. The launch of the route marks Indigo’s Air’s entry into the African Continent with Nairobi serving as the 27th international and 105th overall destination in the 6E network. Speaking during the flight reception, the Cabinet Secretary for Tourism Wildlife and Heritage Peninah Malonza welcomed the…
Binance has announced the appointment of its former Global Head of Corporate Compliance Kristen Hecht as its new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO) at Binance. Kristen brings 17 years of experience, including nearly a decade supporting the U.S. government’s efforts to combat terrorism and illicit financial activity as a Senior Policy Advisor in the Office of Terrorist Financing and Financial Crimes in the U.S. Department of the Treasury. Before Binance, Kristen served as the CCO at Meta’s first crypto digital asset wallet project, Novi Financial. Prior to that, she worked at HSBC to…
The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI), housed and managed by the African Development Bank , affirming its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa. Globally recognised for the success of its digital public payments system that has transformed governance, financial inclusion and resilience for millions of people nationwide, India’s collaboration with ADFI enables the facility to learn from best practices and help scale up initiatives to meet the needs of financially excluded and underserved people in Africa.…
Flapmax has announced its strategic partnership with Intel to foster AI innovation and drive economic empowerment in Africa. The collaboration will provide technology access, training, mentorship, and funding opportunities to entrepreneurs in emerging markets, starting with Africa, through the the Microsoft-backed, FAST Accelerator program. FAST is designed to help startups that are building cloud-based and AI-enabled products and services supporting Africa’s communities, companies, and governments. “Flapmax has been working with Intel to develop sustainable digital solutions that readily expand AI accessibility in underserved communities, and we are excited to build on our momentum with the FAST Accelerator program,” said Dr. Dave…
The Central and Eastern Europe, Middle East, and Africa (CEMEA) finals of the Visa Everywhere Initiative (VEI) recently took place, showcasing innovative start-ups and fintech companies from various markets. Among the winners, Nigerian-based Drugstoc emerged as the overall champion, while Kenyan start-up Aifluence secured the prestigious Audience Favorite award. Drugstoc, a forward-thinking start-up committed to improving the distribution and accessibility of medical supplies and services, was crowned the winner of the CEMEA edition of VEI. By providing efficient supply chain management, financial solutions, and product knowledge, Drugstoc aims to enhance access to healthcare in emerging markets. The victory earned them…
Ad Dynamo by Aleph has named José Gonsalves managing director for East Africa. Gonsalves will oversee the digital workstreams, deliverables, and management of Ad Dynamo by Aleph’s suite of platforms and networks. Ad Dynamo by Aleph is the exclusive media buying extension for Spotify, Twitter, Snap, and Yahoo in Africa. As an enabler of digital advertising in emerging markets, the business is helping to break down barriers. “Aleph over the most recent years has grown at an incredible rate, which is unheard of in the industry, especially with the current climate. One of the key character traits that really intrigued…
Millions of small, independent shops in East Africa will need to look at diversifying, digitizing, and even partnering for growth in response to a challenging and rapidly evolving landscape. These cornerstones of neighbourhoods undeniably form an integral part of a countries socioeconomic system. Smollan representing some of the world’s most loved FMCG and commerce brands, gives a glimpse into the dynamics of this growing sector and the challenges and opportunities that arise. Seen within the context of small-scale retail tied to history, traditions, and trading preferences of consumers in a particular region. As defined by EuroMonitor International, spaces for trading can range…